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All Forum Posts by: Alex Olson

Alex Olson has started 14 posts and replied 2019 times.

Post: I keep seeing and hearing the midwest is the new hot spot

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

If you are looking at KC area and lees summit I have some good data for you. Low taxes, low cost to entry, landlord friendly. Can send on if you want to see more 

Post: MAREI's Sept Mtg: Partnering Your Way to Wealth with John Burley - 1st Timers FREE

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

Using other peoples money is the best way to grow your portfolio. This looks like a good one. 

Post: Property Manager in Kansas City, MO area

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

Is it a single family or some kind of multifamily like a duplex or larger?

Post: Can anyone tell me if they've used DeferAlly for a 1031 Exchange?

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

I have not heard for them. I would not trust some free service with your money. I usually recommend @Dave Foster

Post: First rental out of state

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148
Quote from @Marciano Martinez:
Quote from @Alex Olson:

This is great work here. Exactly what you should be doing. 


 Thanks for reaching out Alex, I heard Kansas markets have been doing good. 


 Yes it is a strong market for cash flow, low taxes and landlord friendly. Plus good jobs and appreciation.

Post: First rental out of state

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

This is great work here. Exactly what you should be doing. 

Post: MAY 2024 Kansas City Multifamily Meet Up - In Person Networking

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

We have another meet up group - the KC Multifamily Meetup Group this Thursday (tomorrow) from 4:15-6:15 at the Intercontinental Hotel on the Plaza - the Oak Bar. It's right after Interface KC Multifamily. Hope to see you there!

Post: Helping to put the "KC" in Bigger PoKCets? (eh, you get the idea)

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

@Chris Platt if you are a kc multifamily real estate investor you need to attend the KC Multifamily Meetups. We have one that is this thursday (tomorrow) at 4:15-6:15 after interface kc multifamily. There is no fee to attend the meet up group just buy your own drink. Intercontinental Hotel at the Oak Bar on the plaza. 

Post: OOS interested in cash flow KC multi family

Alex OlsonPosted
  • Real Estate Broker
  • Kansas City Metro
  • Posts 2,096
  • Votes 1,148

Hey @Aj York I think you can do it right if you have the right team. Most of the unsuccess stories can be tied to bad "turn key" single family home investor companies in which you didn't work with a buyer's agent that specializes in KC multifamily. There are some areas to stay away from and areas that are great. Just depends on your goals and ambitions. I recommend investing in class A or B areas only for your first investment and something that is near turn key. This will keep it affordable for you but will always have high rental demand. 

Hi Sam - I have quite a bit of info and advice on this if you want to talk. In general - commercial loan on a fourplex is cheaper to originate. Sent you a DM as well.